Cardano co-founder Charles Hoskinson blasted U.S. regulators on Monday for labeling ADA and other cryptocurrencies as unregistered securities while giving bitcoin (BTC) a “complete pass” from the same level of scrutiny. According to the developer, Bitcoin could easily meet the legal criteria of an investment contract due to the “overly broad” nature of securities laws. How the SEC Defines a Security During a Monday livestream, one of Hoskinson’s viewers asked him to “talk...
Read More »Cardano (ADA) Price Analysis: Key Barrier Intact At $0.40
ADA price is still struggling to clear the $0.40 zone against the US Dollar. The price is now trading below $0.385 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.372 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.385 and $0.400 resistance levels. Cardano’s price is consolidating above $0.350 against the US Dollar, like Bitcoin. ADA price...
Read More »Cardano (ADA) and Dogecoin (DOGE) Receive Additional Support by Coinbase: Details
TL;DR Coinbase Adds New Perpetual Futures: Coinbase is introducing perpetual future contracts for Cardano, Dogecoin, Chainlink, and Stellar, allowing users to speculate on their future values. Minimal Market Impact: The announcement has not significantly affected the market, with some of the included cryptocurrencies showing slight declines. Ongoing Delisting of Trading Pairs: Coinbase has recently delisted 80 trading pairs to improve market liquidity and health, while...
Read More »Cardano Bull Run Incoming? Top 2024 ADA Price Predictions to Know
TL;DR ADA’s Strong Performance: ADA has seen a nearly 70% increase in price this year, with experts predicting continued growth in 2024, possibly reaching new highs. Optimistic Predictions for 2024: Twitter user Ali sets a $10 target for ADA by summer 2024, while Dan Gambardello predicts a spike to $11 post-BTC halving, with a potential market cap of $400 billion. 2025 Projections: Analyst FieryTrading suggests ADA could reach $35 in 2025, a significant increase from its...
Read More »Cardano (ADA) Price Analysis: Bulls Struggle Near Key Hurdle
ADA price is still struggling to clear the $0.40 zone against the US Dollar. The price is now trading above $0.370 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.374 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.395 and $0.400 resistance levels. Cardano’s price is rising above $0.350 against the US Dollar, like Bitcoin. ADA price could resume its...
Read More »Avalanche (AVAX) Price Shoots by Staggering 25% amid JPMorgan and Citi Embrace
As part of the partnership, the LayerZero Labs to connect Onyx with a permissioned Avalanche Evergreen Subnet, enabling seamless subscriptions and redemptions for funds offered by WisdomTree Prime. As the altcoin market buzzes with strong activity, Avalanche’s native cryptocurrency AVAX has registered a staggering 25% gain in the last 24 hours, with its price surpassing $22.57. The latest AVAX price rally comes on the backdrop of strong developments within the Avalanche ecosystem. In a...
Read More »Cardano (ADA) Price Analysis: Dips Coud Be Limited Below $0.325
ADA price is correcting gains from the $0.40 zone against the US Dollar. The price is now trading below $0.380 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.378 on the 4-hours chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.378 and $0.395 resistance levels. Cardano’s price is rising above $0.340 against the US Dollar, like Bitcoin. ADA price could resume...
Read More »ADA Price Gains Over 52% in 4 Weeks despite Notable Cardano Network Upgrade Delays
Cardano Foundation CEO Frederik Gregaard recently noted that the development of the smart contract-enabled ecosystem has been slow due to the high academic approach, which has been considered boring but important. Amidst the ongoing altcoin breakout fueled by the optimism revolving around the Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) in the United States, Cardano (ADA) has been among the best-performing top-rated altcoins and demonstrated very positive price trends....
Read More »Cardano (ADA) Price Analysis: Rally Is Just Getting Started
ADA price is gaining pace above the $0.320 zone against the US Dollar. The price is now trading above $0.340 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.3540 on the 4-hour chart (data feed via Coinbase). The price could continue to rise if it clears the $0.375 and $0.380 resistance levels. Cardano price is rising above $0.350 against the US Dollar, like Bitcoin. ADA price could rally further if there...
Read More »Cardano (ADA) Price Hits 4-Month High as Network TVL Spikes Nearly 40%
Cardano is recording increased price and network activity and has sparked bullish predictions about the coin’s future. The price of Cardano (ADA) hit a new four-month high on Sunday, climbing to $0.348808. The surge is reportedly due to heavy activity from whale investors and decentralized finance (DeFi) in general. According to CoinMarketCap data, Cardano is now trading higher at $0.353 after rising more than 4% in the last 24 hours and nearly 18% over 7 days. The network is seeing a...
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